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When things don’t go as planned in your career, finding opportunities in other fields is the way to go, according to Lewis Neal, a former National Football League (NFL) defensive tackle. Speaking to Cointelegraph at the Blockchain Economy Dubai Summit 2022, Neal shared the story of how he went from playing professional football to exploring
After a build-up of multiple memorandums of understanding (MoU) and an initial “in-principle” approval to operate in Kazakhstan, Binance received a permanent license to operate in the country. As of Oct. 6, Kazakhstan’s AIFC Financial Services Authority (AFSA) granted the permanent license to both manage a digital asset platform and provide custody services at the
Ethereum moved closer to $1,400 on Thursday, as the token rebounded from yesterday’s sell off. The world’s second largest cryptocurrency rose to its highest point in almost ten days during today’s session, as markets were marginally higher. Bitcoin was once again trading above $20,000. Bitcoin Bitcoin (BTC) was once again hovering above $20,000 on Thursday,
Bitcoin (BTC) held $20,000 into Oct. 5 with trader targets still including a fresh high before rejection. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $21,000 upside target to precede new lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $20,470 on Bitstamp overnight before returning lower. The pair succeeded in maintaining the 2017
In September, cryptocurrency exchange FTX US secured the winning bid for the assets of embattled crypto brokerage firm Voyager Digital with a bid of approximately $1.4 billion. The bid was made up of the fair market value of Voyager’s crypto holdings “at a to-be-determined date in the future.” According to Voyager, at current market prices,
Republican members of the U.S. House Financial Services Committee have requested the Department of Justice provide its assessment and legislative proposals regarding a digital dollar within ten days. In an Oct. 5 letter addressed to U.S. Attorney General Merrick Garland, 11 Republican lawmakers asked the Justice Department for a copy of its “assessment of whether
The crypto market is bouncing from daily support levels with XRP outperforming larger cryptocurrencies, such as Bitcoin and Ethereum. This token has been trending to the upside and moving against the tide even when conditions were unfavorable on small timeframes. At the time of writing, XRP’s price trades at $0.49 with a 3% profit and
On Oct. 4 and 5, Bitcoin (BTC) took another step through the $20,000 mark, bringing the price above a long-term descending trendline that stretches all the way back to April 22 or Nov. 15, depending on one’s style of technical analysis. Some traders might be feeling a bit celebratory now that the price trades outside
Curtis Loftis, the treasurer for the U.S. state of South Carolina, spent five days in El Salvador as part of an “exploratory trip” on cryptocurrencies. According to an Oct. 5 announcement, Loftis was part of a delegation including South Carolina business leaders, rural health officials, and individuals “interested in the expansion of cryptocurrency and blockchain
According to statistics on October 5, the total computational power backing the Bitcoin network tapped a fresh all-time high reaching 321.15 exahash per second (EH/s). Just after the record high, the network’s total hashrate was coasting along above the 300 EH/s on Wednesday afternoon (ET) at around 303.87 (EH/s). Bitcoin’s Hashrate Reaches a Lifetime High
Bitcoin (BTC) showed strength on Oct. 4 and 5, posting a 5% gain on Oct. 5 and breaking through the $20,000 resistance. The move liquidated $75 million worth of leverage short (bear) positions and it led some traders to predict a potential rally to $28,000. $BTC #Bitcoin Shared this descending channel 2 days ago.$BTC has
Ethereum has been seeing increased regulatory scrutiny in recent months. This comes following the network’s move to a proof of stake mechanism and the introduction of staking to the others. As sanctions have been levied against protocols such as Tornado Cash, it is becoming increasingly possible that regulatory bodies may turn their focus to Ethereum.
Bitcoin (BTC) holding $19,000 could be more important than traders realize, new data reveals. In the latest edition of its monthly report series, “The Bitcoin Monthly,” investment management firm ARK Invest flagged an ongoing battle for the defense of Bitcoin’s investor cost basis. Bitcoin investor cost basis buoys market Bitcoin price action is currently characterized
Ethereum blockchain shifted from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism on Sept. 15, 2022. Along with this move, ETHPoW, a distinct PoW blockchain (basically the old pre-Merge Ethereum) forked from Ethereum’s Merge, became live. This forked version of Ethereum aims to maintain the proof-of-work mining process for ETH miners. Any miner is
Nasdaq, the United States stock exchange, has no immediate plans of launching a crypto exchange until there’s better regulatory clarity from policymakers, said Tal Cohen, the company’s executive vice president. In an interview with Bloomberg, Cohen said that the retail side of the crypto market is fairly saturated and there are enough crypto exchanges catering to
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